S&P Global Ratings released an updated report expressing strong recognition of Fosun International (HKEX: 00656)'s recent US dollar note issuance. S&P noted that the successful issuance is positive for the company's credit matrix as it helps broaden the Group's funding channels, thereby maintaining a "stable" outlook on Fosun International's rating.
More info..

HK equity market experienced snap adjustment rally in September, and is now entering stock picking phase before new round of catalyst arrives. Now is the period when investors explore resilient names whose fundamentals is robust enough to weather market turbulence.
More info..

According to Ageas's press release, BNP Paribas notified Ageas on October 3, 2024, that its current shareholding in Ageas reached 10.91%. This change in shareholding is based on the agreement reached between BNP Paribas and Fosun International on April 14, 2024. Fosun International entered into an agreement with BNP Paribas to sell up to 15,401,253 shares of AGEAS SA/NV for a total consideration between EUR626 million and EUR670 million.
More info..

As we enter the fourth quarter, the market buzzes with optimism. The U.S. Federal Reserve's interest rate reduction, aimed at bolstering liquidity, has drawn Chinese mainland capital inflow into the Hong Kong stock market.
More info..

On 28 August 2024, Fosun International (HKEX: 0656) announced its 2024 interim results. During the reporting period, its revenue continued to grow, reaching RMB97.84 billion. Industrial operation profit maintained growth, reaching RMB3.47 billion, and profit attributable to owners of the parent was RMB720 million.
More info..

Fosun International (00656.HK) continues to focus on its core industries and optimize operational capabilities, resulting in increased earnings certainty, stable cash flow improvement, and continuous dividend growth. It is expected that Fosun's valuation set for gradual recovery.
More info..

'Go global or go home.' Today, globalization is an inevitable path for Chinese enterprises to succeed. There are two paths to globalization: one focuses on cost-effectiveness, exporting products, services or production capacity. The other, chosen by Fosun International (HKEX: 0656), is to become a truly global enterprise with a global vision - global presence, global operation and global development.
More info..

On 2 July, Fosun International (HKEX: 0656) successfully paid off USD600 million maturing US dollar bond. With this repayment, Fosun has now fulfilled all of its offshore bonds obligations due this year, and has no offshore bonds maturing in the next 15 months.
More info..

Amid the recovery in the Hong Kong stock market, Fosun International (HKEX: 00656) has recently attracted significant attention from the market.
More info..

On 28 May, Fosun International issued an announcement on the Hong Kong Stock Exchange announcing the sale of 99.743% of its subsidiary's shares in the German private bank, Hauck Aufhauser Lampe Privatbank AG (HAL), to ABN AMRO Bank for a total consideration of approximately EUR670.3 million.
More info..

Over the past few years, many Chinese corporations undergoing transformation and upgrading have experienced a rare "double whammy" in the capital market, pressured by both broader market conditions and their internal challenges.
More info..

More info..

Fosun International (HKEX: 0656) has recently received bullish recommendations from multiple investment banks after announcing its 2023 annual results. On 12 April 2024, Goldman Sachs (GS) issued a research report stating that Fosun's industrial operation profit reached RMB4.9 billion, up by approximately 20% year-on-year compared to 2022; profit attributable to shareholders of the parent company reached RMB1.38 billion.
More info..

On 27 March 2024, Fosun International (HKEX: 0656) announced its 2023 annual results. During the Reporting Period, Fosun's total revenue amounted to RMB198.2 billion, representing a year-on-year increase of 8.6%; profit attributable to owners of the parent was RMB1.38 billion, representing a significant year-on-year growth.
More info..

Following pioneering breakthroughs in basic science, companies are often needed to carry out technological innovation and commercialization to turn scientific breakthroughs into products that improve the living conditions of mankind.
More info..

In the first half of 2023, as the economy and society fully returned to normalcy, macroeconomic policies started to take effect, and the national economy witnessed recovery and growth, China's gross domestic product (GDP) reached RMB59,303.4 billion, representing a year-on-year increase of 5.5%.
More info..

In March this year, Guo Guangchang, Chairman of Fosun International, used the "perfect storm" as a metaphor for Fosun's encounters in 2022 at the annual results presentation.
More info..

On 2 July, Fosun International repaid US$700 million maturing offshore US dollar bond, marking a significant milestone in its debt management strategy, as Fosun has effectively repaid all concentrated maturing offshore bonds in the public market.
More info..

On 30 May, international rating agency S&P Global Ratings issued a report, raising Fosun International's rating outlook to stable.
More info..

According to people familiar with the matter, Fosun International's offshore multi-currency syndicated loan was officially launched in early May, and it has obtained a loan of more than US$450 million in equivalent so far.
More info..

The second International Healthcare Week (IHW), organised by the Hong Kong Trade Development Council (HKTDC) and supported by a wide range of healthcare sector partners, takes place from 16 to 31 May in Hong Kong, leveraging the city's strategic role as an innovation and investment hub for the healthcare industry in Asia.
More info..

On 10 April, the third China International Consumer Products Expo (CICPE) kicked off in Haikou as scheduled. As the first major international exhibition held in China after the smooth transition of epidemic prevention and control, the expo attracted more than 3,100 well-known brands from more than 60 countries and regions to participate in the expo.
More info..

After a year of ups and downs, can Fosun spark a new round of growth by continuing its strategy of "streamlining the organization and focusing on core businesses"? Fosun International released its 2022 annual results on 29 March, revealing some clear signals.
More info..

On 20 January 2023, Fosun International Limited ("Fosun International" or "Fosun", HKEX: 00656) issued a profit warning announcement on the Hong Kong Stock Exchange, mentioning that based on the information available to the Board and the latest unaudited consolidated management accounts of the Group for the year ended 31 December 2022, Fosun International's revenue in 2022 is expected to increase by approximately 10% compared to that of 2021.
More info..

On 16 January 2023, Fosun High Technology, the domestic operating entity of Fosun International Limited ("Fosun International", HKEX: 00656), and eight domestic banks held a syndicated loan signing ceremony at the Bund Finance Center, Shanghai.
More info..

Over the past few months, successive "Weight-loss" actions by Fosun International (HKEX: 00656) have come under the spotlight in the capital market.
More info..

The WOWO Innovation Camp was established by WOWO (Beijing) Network Technology Co., LTD. and launched in June 2019.
More info..

Huaxia Film Distribution Co Ltd (Huaxia Film), a leading film distributor in China, held a grand launch in Beijing to formally introduce its CINITY brand and CINITY Cinema System, which is poised to set new standards in advanced format film projection.
More info..